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LA Mansion That Was Once the Most Expensive Listed Home is Headed to Foreclosure Auction
The property’s last owner was financier Gary Winnick, who acquired it in 2000 for $94 million. Continue Reading LA Mansion That Was Once the Most Expensive Listed Home is Headed to Foreclosure Auction
LA Mansion That Was Once the Most Expensive Listed Home is Headed to Foreclosure Auction
The property’s last owner was financier Gary Winnick, who acquired it in 2000 for $94 million. Continue Reading LA Mansion That Was Once the Most Expensive Listed Home is Headed to Foreclosure Auction
Mortgage Fraud Charges Against Schiff Referred to Justice Department
The case of alleged mortgage fraud by Sen. Adam Schiff (D-CA) has been referred to the Department of Justice (DOJ) for criminal prosecution. Fox News reports that Bill Pulte, director of the Federal Housing Finance Agency (FHFA), sent a letter to Attorney General Pam...
John Hancock’s Boston Home Listed for Sale
The Boston home of John Hancock – yes, the guy with the funky signature on the Declaration of Independence – has been listed for sale. The three-story, 5,748-square-foot property, which is listed on the National Register of Historic Places, is being promoted by the...
Foreclosure Activity Rises During First Half of the Year
A total of 187,659 residential properties carried foreclosure filings in the first six months of the year, according to new data from ATTOM. This represents a 5.8% increase from the same time-period in 2024 and up 1.1% from the same period in 2023. The states that...
NEWS & CURRENT EVENTS
OpenAI to Build 1-Gigawatt AI Data Center in Abu Dhabi
The buildings’ construction will be funded by G42 while the data center will be operated by OpenAI and the tech company Oracle. Continue Reading OpenAI to Build 1-Gigawatt AI Data Center in Abu Dhabi
Mortgage Rates Inch Up
The 30-year fixed-rate mortgage averaged 6.86% as of May 22, up from last week when it averaged 6.81%. Continue Reading Mortgage Rates Inch Up
Chicago Suburb Threatens to Seize Pope Leo’s Childhood Home Through Eminent Domain
The property is slated to be auctioned on June 18 by Paramount Realty USA. Continue Reading Chicago Suburb Threatens to Seize Pope Leo’s Childhood Home Through Eminent Domain
Existing Home Sales Down by 0.5% in April
The median existing-home price for all housing types in April was $414,000, up 1.8% from the $406,600 in April 2024. Continue Reading Existing Home Sales Down by 0.5% in April
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WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
Guest Opinion: Thriving as an Agent in a Dynamic Landscape
Remember, the real estate industry is about more than just transactions. Continue Reading Guest Opinion: Thriving as an Agent in a Dynamic Landscape
Elon Musk Seeks to Sublease X’s San Francisco Headquarters
JLL will market roughly 460,000 square feet of X’s office space at 1355 Market St. Continue Reading Elon Musk Seeks to Sublease X’s San Francisco Headquarters
Euclid Mortgage Creates Mortgage Advisory Panel
Andrew Bon Salle, Claudia Merkle and Ivy Zelman were named to the panel. Continue Reading Euclid Mortgage Creates Mortgage Advisory Panel
Steve Jobs’ Widow Breaks San Francisco Record with $70 Million Home Purchase
Laurene Powell Jobs paid approximately $70 million to acquire a four-story, 17,300-square-foot mansion in the Pacific Heights section. Continue Reading Steve Jobs’ Widow Breaks San Francisco Record with $70 Million Home Purchase
Macy’s Ends Acquisition Talks with Activist Investor Groups
“We are open-minded to exploring all paths to enhancing shareholder value,” said Paul Varga, lead independent director at Macy’s. Continue Reading Macy’s Ends Acquisition Talks with Activist Investor Groups
The Country Attracting the Most British Expatriates Is…
“We expect Spain to stay a popular destination for British movers throughout 2024,” said Dave Sayce, founder and managing director of Compare My Move. Continue Reading The Country Attracting the Most British Expatriates Is…
KKR Acquires Houston Industrial Logistics Park for $234 Million
The global investment firm KKR (NYSE:KKR) has acquired Park 8Ninety, a 12-building industrial logistics park in Houston, from Artis Real Estate Investment Trust (OTCMKTS: ARESF) for approximately $234 million. The acquired property is a 1.8 million-square-foot master...
NYPD Boosts Security Around Trump Properties Following Assassination Attempt
NYPD presence is increased at Trump Tower and 40 Wall Street. Continue Reading NYPD Boosts Security Around Trump Properties Following Assassination Attempt
Hits and Misses for the Real Estate Week of July 8-12
This week’s Hits and Misses considers Denver’s affordable housing, the response to Hurricane Beryl and too many empty offices in San Francisco. Continue Reading Hits and Misses for the Real Estate Week of July 8-12
Indiana Home Sales Down While Prices Rise
There were 8,896 new listings last month, down 7% from May and down 5% from June 2023. Continue Reading Indiana Home Sales Down While Prices Rise
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Weekly Real Estate News covers the U.S. real estate and home finance industries and is written for industry professionals. It includes weekly news, trends, analysis and profiles of industry leaders. The publication reaches 1.25 million real estate professionals and offers an unbiased look at the industry’s most important issues. The publication offers subscribers frequent email newsletters and breaking news stories as well as access to the industry’s most experienced thought leaders.
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